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Discovering the finer things in life

O'Rear's View 
Hong Kong's economy anything but typical

China Economic Update
Mainland enterprises 'Going Out'

Special Feature 
(Almost) The Budget We Had to Have

Sales tax on the cards?

Q&A with the Financial Secretary

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Recruiting online

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Is Vietnam on a new path to growth?


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                                         April 2003 Issue

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Discovering the finer things in life

The growing influence of international culture and the emergence of a brand-savvy upper class in China offers more opportunities for luxury brands in the Mainland, but it is no easy sale

They say trends come and go, but that luxury never goes out of fashion. That may be true, but it hasn't stopped prestigious brand names from feeling the pinch during these challenging times.   More >>


(Almost) The Budget We Had to Have

The Financial Secretary gets high marks for honesty, but might want to revisit a few priorities

The Financial Secretary's Budget for 2003-04 was notable in that it revealed the largest operating deficit in Hong Kong's history, at HK$66.25 billion, and for anticipating another huge shortfall in the fiscal year to end March 2004, at HK$61.12 billion.   More >>



Hong Kong's economy anything but typical

The up-tick in real growth last year owes too much to falling prices

Back in the dark recesses of history, before war, pneumonia and face masks, Hong Kong's economy was beginning to show signs of life, growing faster each quarter for 15 months running. The improvements were in both nominal and real terms, and -- before "atypical economics" emerged -- pointing to an end to deflation. Sadly, that is looking less and less likely this year.   More >>


Mission to Beijing

Mainland officials tell the recent Chamber delegation to Beijing that HKSAR businesses have an important role to play in driving China's economy forward

With China expected to continue its annual 8 percent economic growth rate through its second year of WTO entry, the Mainland economy offers one of the few beacons of hope in an otherwise bleak global outlook.   More >>


Recruiting online

Members can now advertise job openings in their companies through the latest offering on the Chamber's Web site, 'Job Vacancies & HR Corner

In response to strong demand by employers and job seekers using the Chamber's "One Company One Job Campaign" job bulletin board last year, the Chamber's IT team has expanded its Web page to create a new interactive job-posting database. More >>



Tourists in 'Paradise'

Goldjoy Travel believes there is more money to be made from treating tourists fairly than there is from running scams

Goldjoy Shopping Paradise will open its doors in this summer to all tourists looking for a place to relax, shop and dine in the knowledge that they are getting the best value for money anywhere in Hong Kong -- all under one roof.  More >>


Workplace English

Students learn valuable lessons

It isn't every day that you get the chance to nose around Sony's development labs, wander through CSX World Terminals, or chat the afternoon away with the Consul General of Thailand -- not unless you are one of the high school students lucky enough to participate in the Business School Partnership Programme.  More >>


MORE STORIES

Mainland enterprises 'Going Out'
With the world focused on the rivers of investment flowing into China, Mainland enterprises are quietly expanding their presence abroad

China became the top destination for foreign direct investment last year, surpassing the United States for the first time with over US$100 billion in FDI. While the world focuses on the rivers of investment flowing into China, Mainland enterprises are quietly expanding their presence abroad, supported by China's mountain of foreign exchange reserves, which stood at US$300 billion at last count.   More >>

Is Vietnam on a new path to growth?
Government efforts to join the WTO could boost investors' interest in the country

Hanoi today is a city of excitement and promise. Glistening new office towers dwarf the old colonial buildings left by the French. Tourists haggle for bargains with roadside entrepreneurs. Mopeds swarm up and down its bustling streets.   More >>



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